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Servyou Software Group Co (SHSE:603171) Interest Expense : ¥-8 Mil (TTM As of Jun. 2024)


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What is Servyou Software Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Servyou Software Group Co's interest expense for the three months ended in Jun. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Servyou Software Group Co's Operating Income for the three months ended in Jun. 2024 was ¥ 45 Mil. Servyou Software Group Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -2 Mil. Servyou Software Group Co's Interest Coverage for the quarter that ended in Jun. 2024 was 28.12. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Servyou Software Group Co Interest Expense Historical Data

The historical data trend for Servyou Software Group Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Servyou Software Group Co Interest Expense Chart

Servyou Software Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.04 -0.33 -0.67 -4.62 -7.72

Servyou Software Group Co Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.19 -3.67 -1.14 -1.91 -1.59

Servyou Software Group Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Servyou Software Group Co  (SHSE:603171) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Servyou Software Group Co's Interest Expense for the three months ended in Jun. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥6 Mil.

Servyou Software Group Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*44.634/-1.587
=28.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Servyou Software Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3738, Nanhuan Road, Puyan Street, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053
Servyou Software Group Co Ltd is a comprehensive service provider of fiscal and taxation information in China. It offers tax system development and operation and maintenance for tax authorities, and provides comprehensive Internet financial and taxation services for taxpayers and financial and tax intermediaries with the Yiqiying brand.
Executives
Zhou Ke Ren Director

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